Price leadership is assumed to stabilize the price and maintain price discipline. This also helps in attaining effective price leadership, which works under the following conditions: i. When the number of organizations is small. Advertisements: ii. Entry to the industry is restricted. iii. Products are homogeneous. iv.
Lactic acid fermentation is a biological process by which glucose and other six-carbon sugars (also, disaccharides of six-carbon sugars, e.g. sucrose or lactose) are converted into cellular energy and the metabolite lactate.actic acid fermentation is also used in the production of sauerkraut. The main type of bacteria used in the production of sauerkraut is of the genus Leuconostoc. As in yogurt, when the acidity rises due to lactic acid-fermenting organisms, many other pathogenic microorganisms are killed.
When the body needs energy, this glucose breaks down in a process called glycolysis and results in pyruvate molecules and NADH molecules. When there is a lack of oxygen, lactic acid fermentation uses the pyruvate molecules that have accumulated during glycolysis and the NADH molecules to produce energy for human muscle cells. Lactic acid and ATP, or adenosine triphosphate, are the byproducts of this process.